While South Africa has been preoccupied with rolling electricity blackouts, security of liquid fuels supply has been overlooked even though it accounts for a greater value of sales.
Natref appears to be playing a waiting game on the government’s latest deadline, which has been shifted from 2023 to 2027.
The difficulty for the auto manufacturers is that it does not make commercial sense to manufacture two engines for each vehicle — one for South Africa’s dirty fuels and another for Europe’s cleaner fuels. In the short term, fuel imports are meeting demand. But the auto manufacturers face a new threat to their European markets — electric vehicles.
The productivity gains from more efficient electric vehicles and the impetus to South Africa’s emerging battery manufacturing industry are part of the case. This could also be seen as the ultimate version of the government’s long-running import substitution industrialisation.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Africa: Blinken to Visit South Africa, DR Congo and RwandaU.S. Secretary of State Antony J. Blinken will travel to three African countries from August 7 to 12 with visits to South Africa, the Democratic Republic of the Congo, and Rwanda. These stops will follow visits to Cambodia and the Philippines beginning August 2. The trip will be his second to Africa since taking office, following a November visit to Kenya, Nigeria and Senegal.
Read more »
Kimberley court - TLU SA stands up for South African farmers - South Africa TodayTLU SA can no longer allow individuals under financial pressure to suffer even more and therefore TLU SA applied to enter a court case in the court in Kimberley as a friend of the court. This means that TLU SA is given the opportunity to inform the court regarding the interests of farmers in general […]
Read more »
Africa: As Russia and the United States Seek Influence in Africa, Strategic Pitfalls LoomAs Russia and the United States Seek Influence in Africa, Strategic... CFR_Africa: Africa
Read more »
Africa: 10th Round Findings on Governance Performance in Africa Set for ReleasePress Release - The African Institute for Development Policy (AFIDEP), through the Africa Integrity Indicators (AII) research project, will release its 10th round findings on critical governance mechanisms in the 54 African countries. The results, covering September 2020–September 2021, highlight a mix of milestones and regressions across Africa. The release is on Friday, 29 July 2022, at a webinar comprising governance experts.
Read more »
Africa: Russia firm offers free fertilisers to AfricaA RUSSIAN company Uralchem has announced that it is ready to supply 25,000 tons of fertilizer to Africa free of charge as part of its contribution to global food security and the fight against hunger.
Read more »
Oil refinery closures, cleaner fuels and the security of supply in South AfricaOil refinery closures, cleaner fuels and the security of supply in South Africa The Minister of Mineral Resources and Energy told Parliament in 2022 that the strategic oil stocks were valued at R1 750 764 252.
Read more »